Investing in smart grid technology
Jim Cramer sees green in the smart gridOn Tuesday, Jim Cramer claimed that smart grid technology offers both consumers and utilities a way to save money. Sounds like a perfect green investment.
In the past, Cramer has liked Itron, which has performed very well since Cramer brought this stock up in October. While he still likes the stock, he didn't suggest buying at today's levels.
Today, Cramer also likes Cooper Industries (CBE) as a way to play smart grid technology. This will be a good recovery stock and it already derives 21 % of its revenues from utilities.
On the speculative side, Cramer also likes Televent GIT (TLVT), which is very similar to Itron.
Labels: green investing, smart grid





























